Acquisitions and Divestitures News in Egypt
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3/16/2023 - COSCO SHIPPING Ports Limited (‘CSPL’) announces its investment in 25% of the equity in Sokhna New Container Terminal, Egypt. On 15 March 2023, ZHAO Fengnian, the Chief Accountant of the Company, repre... |
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1/10/2023 - Apex International Energy (Apex) announced that it had acquired interests in four concessions in the Western Desert oil producing region of Egypt from IEOC Production B.V. (IEOC), a unit of Eni S.p.A.... |
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11/28/2022 - bp has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company. The Northwest Abu Qir Offshore Area - in which bp, the operator, holds ... |
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3/29/2022 - QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore
Egypt. ... |
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3/24/2022 - Pharos Energy plc, an independent oil and gas exploration and production company, is pleased to announce that it has been notified of the signature by the Egyptian Minister of Petroleum and Mineral Re... |
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2/3/2022 - - Transfer of interest to the Egyptian General Petroleum Corporation after 38 years of efficient production - Proud history in Egypt will continue - Stronger focus on production of natural ... |
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2/1/2022 - SDX Energy Plc (SDX) is pleased to announce the proposed disposal of 33% of the shares in the entity that holds its interests across its South Disouq concession and its intention to initiate a share b... |
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12/14/2021 - Pharos announces that at the General Meeting held earlier today, the resolution set out in the Notice of General Meeting at the end of the circular to the Company's shareholders dated 25 November 2021... |
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12/13/2021 - QatarEnergy entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea. Und... |
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9/24/2021 - Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC (Shell), have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiar... |
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9/15/2021 - Pharos Energy plc is pleased to announce that the Pharos Group has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El F... |
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7/25/2021 - Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company has received an award in its favour dated 19 July 2021 from the London Court of Arbitration (“LCIA”). The arbitrati... |
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5/4/2021 - APA Corporation (APA) announced it has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corporation (EGPC) in support... |
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4/26/2021 - United Oil & Gas PLC ("UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to announce its audited results for the year end... |
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4/25/2021 - Dana Gas PJSC, the Middle East’s largest private sector natural gas company, announced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020.
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3/30/2021 - Pharos is pleased to announce that it has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment
of the fiscal terms of its El Fayum Concess... |
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3/9/2021 - Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egy... |
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3/9/2021 - The Egyptian Minister of Petroleum and Mineral Resources, H.E. Eng. Tarek El Molla, has approved a deed of assignment agreement signed between Wintershall Dea, Cheiron and INA to jointly explore the E... |
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1/11/2021 - Zenith Energy Ltd. ("Zenith") (ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has entered into a ... |
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1/4/2021 - An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement... |
